Australia's wealthiest are giving less
Howard Lake | 1 May 2001 | News
Australians with a taxable income of over $1m are giving less to charity, according to a survey by the Queensland University of Technology.
Australians with a taxable income of over $1m are giving less to charity, according to a survey by the Queensland University of Technology. Almost 40% of them did not register any charitable donation on their tax claim in 1998-99.
Of course the survey relies solely on the information submitted in the tax claim. Yet even using the information available, tax-deductible donations made by those earning more than $1 million dropped by an average $9,355.73 to $26,644.
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Read Super-rich getting slow to cough up when charities rattle the can by Matt Wade.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.